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Software Evaluation Features and Functions

Before you can begin comparing enterprise software solutions, it's important to understand the features and functions that you need to run your business.Below, you'll find links to comprehensive models of features and functions for several types of enterprise software, accounting, asset management, business intelligence (BI), content management systems (CMS), enterprise resource planning (ERP), human capital management (HCM), product lifecycle management (PLM), product portfolio management (PPM), relationship management, and supply chain management (SCM). These feature/function models can help you better understand vendor offerings as you compare software solutions, including

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Business Intelligence and Data Management Features and Functions

Business intelligence (BI) and business performance management (BPM) features and functions help you analyze organizational data in order to optimize performance and stay competitive within your market. Typical BI and BPM features and function include reporting, analytics, data warehousing, and comprehensive data visualization tools like scorecards and dashboards. BI users employ these features and functions to take snapshots of transactional data and put it in a separate database (called a data warehouse) to analyze trends and develop reports based on the information captured. BPM users, in contrast, use data visualization tools to optimize organizational processes, especially for budgeting, activity-based costing, forecasting, consolidations, etc. To find the best BI or BPM system for your business, it's important to understand which features and functions you need before you compare BI/BPM solutions.

Business Performance Management

Business performance management (BPM) enables organizations to translate strategies into plans, monitor execution, and provide insight needed to manage and improve financial and operational performance. This knowledge base covers scorecards, dashboards, business activity monitoring, and more.

Business Intelligence (BI)

This business intelligence (BI) knowledge base covers a full range of BI functionality. BI applications enable real time, interactive access, analysis, and manipulation of mission-critical corporate information. BI users are able to access and leverage vast amounts of information to analyze relationships and understand trends that support business decisions. This knowledge base covers everything from data mining to analytics, querying, reporting, workflow, and in-depth analysis.

Software Evaluation Features and Functions
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